Good morning☀️

#Bitcoinreached $90,000 and continues to rise rapidly.

Yesterday, $1.11 Billion ETF inflows occurred. The fact that ETF purchases continue in this way even as the price is running to new highs shows that FOMO has begun.

On the other hand, there is no major change in other data.

🔹Coinbase continues to buy.

🔹Whale activity is positive.

🔹Short liquidations are being cleared.

🔹ETF inflows continue.

While the price is rising by making ATH, there is no resistance in front of us.

- So, how do we understand that profit sales are made or that a correction is coming?

While the price is rising by making a new ATH, we can understand that a correction is coming from the increase in the retail long ratio and the high funding rates.

In the current situation, funding rates have risen above the average but are not yet at dangerous levels.

We see that the graph below is starting to turn yellow. When this chart starts to turn a little more orange, we can understand that a correction is imminent. For now, there is no worryingly high funding or retail long ratio.

I think the real FOMO will start when Bitcoin exceeds $100k.

If the price reaches $100k, it will be a huge news in the mainstream media and we will hear Bitcoin on everyone's lips again.

The current data is positive and shows that the rise should continue. Even if the price increases during this process, those who get carried away by lust, forget about risk management and buy and sell coins like gambling will be eliminated in the first correction.

Those who do not abandon risk management and carry out their transactions with the same discipline will receive the reward of the bull in a great way during this process. Do not abandon risk management, friends.

I wish everyone a nice day and plenty of profit.